(Bloomberg) A $7.5 billion money manager with roots almost as old as quant-investing itself is going all-in with machine learning. Millburn Ridgefield Corporation placed robots at the very heart of its open systematic strategies after a six-year experiment. Now, the New York firm is raising cash for a new computer-powered strategy that will actively trade exchange-traded funds and baskets of underlying securities.
One of the Oldest Quants Is Going All-In With Robots
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